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20130706
20130714
Search Results 0 to 2 of about 3 (some duplicates have been removed)
job growth has accelerated to my surprise. expected tax increases and spendispend ing cuts to do some damage but i haven't seen it. >> why haven't they? >> i think in part because the stock market has gone north. high-end consume remembers out spending. gasoline prices are down, helping lower households. consumers have hung tough and businesses responded by hiring. >> mike, what does it mean for the stock market which has been going higher for the most part because of the federal reserve. can it continue higher if the fundamentals come through? >> well, sure it can, as long as the fed stays involved and as long as corporate earnings stay strong. we'll see what happens coming in to second quarter earnings here. i think the jobs report today was sort of right in the middle. it's growing and the earlier months's revisions were positive. it shows there is a base building that the fed can maybe rely on in terms of predicting better when they may have to exit but it also wasn't strong enough to significantly bring down unemployment. you always have to keep in mind the comments have been all
you make of it? >> it looks like job growth has said up. to my surprise, i expected the tax increase and spends cuts to do damage. >> why haven't they? >> the stock market has gone north and that has lifted the higher income households. >> mike, what do you make of this and what does it mean for the stock market, that let's face it has been going higher for the most part because of the federal reserve, can it return higher if the fundamentals come through? >> sure it can, as long as the fed stays involved and corporate earnings stay strong. we will see what happens coming in the second quarter earnings here. i think the jobs report today was sort of right in the middle. it's growing and the earlier months revisions were positive. it shows that there's a base building that the fed can rely on in terms of predicting better when they may have to exit. but it also was not strong enough to significantly bring down unemployment and you also have to keep in mind, despite the comments that have been all over the place lating, and maybe that is craziness with an intent, but the fact of the ma
Search Results 0 to 2 of about 3 (some duplicates have been removed)